Wagner Wealth Management Corp Purchases New Shares in Invesco Dorsey Wright Emerging Markets Momentum ETF $PIE

Wagner Wealth Management Corp purchased a new stake in Invesco Dorsey Wright Emerging Markets Momentum ETF (NASDAQ:PIE) in the 3rd quarter, Holdings Channel.com reports. The institutional investor purchased 124,381 shares of the company’s stock, valued at approximately $4,238,000. Invesco Dorsey Wright Emerging Markets Momentum ETF accounts for 3.3% of Wagner Wealth Management Corp’s holdings, making the stock its 4th largest holding.

Several other institutional investors have also added to or reduced their stakes in PIE. Royal Bank of Canada grew its holdings in Invesco Dorsey Wright Emerging Markets Momentum ETF by 42.2% in the 1st quarter. Royal Bank of Canada now owns 73,019 shares of the company’s stock valued at $1,901,000 after buying an additional 21,658 shares in the last quarter. Private Advisor Group LLC bought a new position in Invesco Dorsey Wright Emerging Markets Momentum ETF during the 1st quarter worth $566,000. Maltin Wealth Management Inc. acquired a new stake in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF during the third quarter worth $6,295,000. PFG Investments LLC lifted its holdings in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF by 166.0% during the first quarter. PFG Investments LLC now owns 37,171 shares of the company’s stock worth $968,000 after buying an additional 23,198 shares in the last quarter. Finally, Barometer Capital Management Inc. acquired a new stake in shares of Invesco Dorsey Wright Emerging Markets Momentum ETF during the first quarter worth $601,000.

Invesco Dorsey Wright Emerging Markets Momentum ETF Stock Performance

Shares of Invesco Dorsey Wright Emerging Markets Momentum ETF stock opened at $33.38 on Wednesday. The firm has a 50-day moving average of $33.89 and a 200-day moving average of $32.16. The stock has a market cap of $263.70 million, a PE ratio of 13.79 and a beta of 0.84. Invesco Dorsey Wright Emerging Markets Momentum ETF has a 52-week low of $22.58 and a 52-week high of $35.79.

Invesco Dorsey Wright Emerging Markets Momentum ETF Increases Dividend

The firm also recently declared a quarterly dividend, which was paid on Friday, September 25th. Investors of record on Monday, September 21st were given a dividend of $0.2575 per share. This is a positive change from Invesco Dorsey Wright Emerging Markets Momentum ETF’s previous quarterly dividend of $0.2180. This represents a $1.03 dividend on an annualized basis and a yield of 3.1%. The ex-dividend date of this dividend was Monday, September 21st.

Invesco Dorsey Wright Emerging Markets Momentum ETF Profile

PowerShares DWA Emerging Markets Technical Leaders Portfolio (the Fund) is based on the Dorsey Wright Emerging Markets Technical Leaders Index (the Index). The Fund normally invest at least 80% of its total assets in securities of emerging economies within Dorsey Wright & Associates’ classification definition, excluding companies listed on a U.S. stock exchange. The Index includes approximately 100 companies that possess relative strength characteristics and are domiciled in emerging market countries including, but not limited to Argentina, Brazil, Chile, China, Colombia, Czech Republic, Egypt, Hungary, India, Indonesia, Israel, Malaysia, Mexico, Morocco, Pakistan, Peru, Philippines, Poland, Russia, South Africa, Taiwan, Thailand and Turkey.